Anyone following the Israeli housing market over the past month has heard the hype. “The Israeli real estate market is a bubble!“, they cry, “people are camping in the streets, prices will surely fall next week!”, they write on their blogs and op-eds. Yet you have others who will tell you that the market is intact, prices won’t fall, and that, in fact, they will continue to rise.
Over the past 10 days Tel Aviv and other cities throughout Israel have been hosts to protesters numbering in the 10’s of thousands, rallying against […]Read more
Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.
Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.
Next week Tel Avivians will celebrate “White Night”, the anniversary of UNESCO’s bestowing of the honor of a UN World Heritage Site onto Tel Aviv’s White City. The White City, a collection of over 4000 Bauhaus, Eclectic, and International Style buildings dating from the city’s birth in 1909 to the end of the 1930’s, is the world foremost site of the Bauhaus architectural style, the vast majority of the school being destroyed by the Nazis throughout the 1930’s and 1940’s.
One thing I sorely miss by living here in Tel Aviv is high quality, tasty, and fresh American-Italian food. I know, I know, call me […]Read more
One thing I sorely miss by living here in Tel Aviv is high quality, tasty, and fresh American-Italian food. I know, I know, call me […]Read more
While we all know that the days of high yield returns in Central Tel Aviv for the average investor have passed, there are still some viable options to make in excess of 3.5% in areas farther afield in Jaffa and Herzliya. An investor can expect an average return of 2.5 – 3% in Tel Aviv. Unfortunately, sellers have already calculated the maximum the property could ever possibly be worth and take this out on the buyers. Fortunately, there are other options out there.
Mit dem ununterbrochenen Steigen in den Immobilienpreisen in Israel über den letzten paar Jahren, haben sich viele die Frage gestellt, „wann werden sie fallen“? Diejenigen […]Read more
Mit dem ununterbrochenen Steigen in den Immobilienpreisen in Israel über den letzten paar Jahren, haben sich viele die Frage gestellt, „wann werden sie fallen“? Diejenigen […]Read more